Market Commentary

CLOs: Finding Relative Value in the Age of Covid-19

Price recovery continues for the field of corporate credit, but CLOs stand out with their relatively slow pace. What might explain this lag? What opportunities does it signal for investors? Read Oaktree’s latest Insights publication for perspectives on these questions and more.

The Case for Convertible Bonds

The global convertible bond market has seen record issuance and strong performance in the wake of the Covid-19 outbreak. Read Oaktree’s commentary on the current convertible bond market dynamics, potential benefits and risks presented by convertibles, and our own approach toward investing in the asset class.

Performing Credit Quarterly 2Q2020

Oaktree’s new Performing Credit Quarterly series brings together market insights from six of our credit strategies all in one place. Get our latest take on the environment and the opportunities and risks it presents across a broad array of credit asset classes.

Assessing Relative Value in Credit amid Coronavirus Uncertainty

Read our latest Q&A to see members of Oaktree’s Global Credit Investment Committee discuss how investors should be thinking in the midst of the coronavirus pandemic and widespread disruption.

An ESG Focus for EM Equities Investing

How does ESG investing work in emerging markets? Read Oaktree’s latest Insights publication, where Portfolio Managers Frank Carroll and Janet Wang share their approach to ESG-focused investing in emerging markets equities.

A Place for Real Estate Debt in Global Credit Investing

Oaktree’s latest Insights publication shines a spotlight on real estate debt as part of our global liquid credit investing platform and underscores why it’s debt worth having in today’s economic and investment environment.

A Deeper Dive into Structured Credit

In this Insights publication, Portfolio Managers Brendan Beer and Justin Guichard delve into the details of structured credit, addressing several prevailing questions about the asset class today.

Credit Selectivity at the Fore in European High-Yield Bond Investing

Where should investor focus lie when considering European high yield bonds? Read Oaktree's view on the importance of winning by not losing and capitalizing on the knowables.

Rising Risks Call for a Tactical Approach to Global Credit Investing

In this Insights publication we observe the conflicting stories of today’s global economy and financial markets. We also present three potential economic scenarios with an eye toward better assessing where we are in the cycle and preparing for what might unfold.

Structured Credit: Then vs. Now

The association of structured credit with securitized products that helped finance the housing bubble in the 2000s made many investors uncomfortable with the asset class altogether. This Insights publication aims to show that the asset class has seen significant transformation since the Global Financial Crisis, with notable changes in regulation and market characteristics.

Are There Still Winners in a Maturing Real Estate Cycle?

Oaktree’s latest Insights examines current global market dynamics and three areas of real estate investing that we see as compelling in today’s environment: commercial real estate in “high-growth” markets, “special situations” in Europe and Asia, and distressed assets.